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Listing provided courtesy of Berkshire Hathaway Homeservices NW- MLS# LC-104347MLS ProviderSource MLS Verified

Lot 6 SE Marine AvenueLincoln City, OR 97367

Vacant Land · 3.70 Acres
$500,000 Pending

Lot 6 SE Marine Avenue Overview

Time on Site:
188 days
Visits:
1

Prime Development Opportunity - SE Marine Ave, Lincoln City, OR 97367 Bring your vision to life on this exceptional residential multifamily-zoned property in the heart of Lincoln City. Located just minutes from the beach, popular restaurants, shopping, and the casino, this land offers endless potential and is the perfect canvas for a lucrative housing development. The property comes with approved development plans and engineering for a mix of 5 fourplexes, 3 triplexes, and 5 duplexes—offering a rare opportunity to create an entire neighborhood or a phased investment project. Whether you're looking to build townhomes, multifamily rentals, or entry-level housing for buyers, this property is ready to deliver. Topography, site engineering, and architectural plans are included, helping you accelerate the path to groundbreaking. Previously envisioned as The Cove at Lincoln City, the concept was designed to meet the growing need for quality housing along the Oregon Coast.

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Lot 6 SE Marine Avenue Facts & Features

  • Type Vacant Land
  • Lot 3.70 Acres

Details

General

Association/HOA

  • Association: false

Location/Region

  • County Or Parish: Lincoln
  • Subdivision Name: N/A

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: 3550.0
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Contract
  • Parcel Number: R531656
  • Property Sub Type: Residential
  • Property Type: Land
  • Senior Community: false
  • Zoning: R-M Residential, Multifamily

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Lot Features: Rolling Slope
  • Lot Size Acres: 3.7
  • Lot Size Area: 3.7
  • Lot Size Square Feet: 161172.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved

Waterfront/View

  • Waterfront: false

General Information

  • Utilities: Electricity Available,Natural Gas Not Available,Water Not Available

Lot 6 SE Marine Avenue Neighborhood

Community

97367 (Lincoln City) Demographics

55
Median Age
231
Population Density (per sq. mile)
35%
College Educated
$46,563
Estimated Median Income
2,808
Estimated Total Home Owners
1,706
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Lot 6 SE Marine Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Lot 6 SE Marine Avenue Market Data

Based on the last 30 days in this zip code

$648,541
Average List Price
$372
Average Price per Square Foot
25
Properties Sold
116
Average Days on Market
436
Properties for Sale
Calculations provided by Reliance Network

Lot 6 SE Marine Avenue History

Date Event Value Agent
2/20/2026Source: Tillamook MLS Status Change
Pending
1/5/2026Source: Tillamook MLS Price Reduction
$500,000 -13.3%
1/5/2026Source: Tillamook MLS Added to Database
July 10, 2025